We hear it everyday, "The Dow is up. Nasdaq is up." What is Nasdaq and how does it differ from the Dow and the S&P 500?
February 8, 1971 the National Association of Securities Dealer Automated Quotation was founded. Initially just a quotation system, It was the world's first electronic stock market. At first the Nasdaq Stock Market was unpopular with brokers because they lowered the spread (difference between bid price and ask price) on trades, but the sheer volume of traffic the new system would generate has more than made up for that.
Nasdaq's declaration is that it is "the stock market for the next 100 years." It has developed a reputation for attracting new growth companies such as early Apple and Microsoft, Cisco, Dell, and Oracle. Nasdaq is the first stock market in the United States to facilitate online trading. Nasdaq is also heralded for helping to modernize the IPO.
What you commonly hear referred to as "The Market", however is the the Nasdaq Composite Index. This, together with the Dow Jones Average, and the S&P 500 make up the big three of the most followed indices in the American stock market. The Nasdaq composite, unlike the others, is not limited to companies based in the United States. Nasdaq has traditionally boasted a focus on information technology based companies. The Nasdaq is a capitalization-weighted index consisting of roughly 3,000 common equities listed on the Nasdaq Stock Exchange and includes everything from American Depository Receipts, Common Stocks, REITs, Trading Stocks, and Limited Partnership Interests.
Nasdaq serves as both a global marketplace for buy and trading securities and also provides the yardstick index for American technology stocks. Another factor that differentiates the Nasdaq from its contemporaries is the fact because Nasdaq is a global exchange, it operates on its own unique trading hours. Nasdaq offers a 4:00 am to 9:30 am Eastern Standard time pre-market session. It operates during the standard 9:30 am to 4:00 New York trading session, and the there is and additional post market session from 4:00 pm to 8:00 pm.
As afore stated, the Nasdaq Composite is a capitalization-weighted index, meaning as day by changes in individual stock prices affect the whole index, the change in the index is affected proportionally by the individual company's overall market share. The bigger the fish, the bigger the splash.
The Nasdaq Stock is one of the largest in the world, second only to the New York Stock Exchange . The Nasdaq would make further progressive history in November 2016 as Adena Friedman became the first woman to run a major American exchange when she accepted the role of CEO of Nasdaq.
Airbnb offers an affordable option for people looking to be more comfortable as they travel.
However, there are downsides to staying in a host's home rather than a hotel. Whereas hotels are designed for constant streams of visitors and often have furniture built to last, at an Airbnb, you may be staying on old or cheap furniture that a host is using in order to maximize their profits.
And while most reputable hotels will have regular room inspections from staff to check for any wear and tear, Airbnb damage disputes are oftentimes he said, she said situations. If you are in an Airbnb and something breaks, there are a few steps you should take in order to ensure that you are not on the hook for damages out of your control.
If you're keeping tabs on the art and tech worlds, you've probably been hearing whispers about "NFTs" for the past month. Just over the past week they've entered the mainstream lexicon.
Twitter founder Jack Dorsey made the news for selling his first ever tweet. The app has been teasing paid subscription models and newsletter-like features, but tweets for sale is "the next frontier."
just setting up my twttr— jack (@jack)1142974214.0
The 2006 tweet went up for auction as an NFT, and the current bid is $2.5 Million. But what does it mean to own that? Why would anyone want to? And what even is an NFT?
Long gone are the days when the majority of Americans dreamed about owning a home with a white picket fence.
The traditional American Dream may be on its deathbed, but that doesn't mean a core component of the vision can't survive. It simply takes a diverse perspective. People can still believe they can attain their own vision of success in society with hard work, knowledge, and risk-taking. Investing in today's American Dream may literally mean investing money in our modern economy, starting with our infrastructure.
Real estate investing in particular is a lucrative method that can boost income and secure a better financial future for many. There's always risk involved, but the payoffs can far outweigh the uncertainty. Selecting solid financial investments is about confidence and competence. If you're looking for some advice on this kind of investment, here are a few savvy tips for new real estate investors.
Stick To a Specific Strategy or Niche
Real estate is a challenging sphere of the business world, one that requires several key skills: groundwork knowledge, networking, perseverance, and organization. True knowledge of the real estate market will come with time and experience, but it's a smart idea to select one area of the market and stick to it. This is the best way to attain in-depth familiarity with your specific niche.
First, choose a geographical area close by and then a niche strategy within it, such as house flips, rental rehabs, or residential or commercial properties. By doing so, you can become aware of current inner working conditions in the market and you'll have a better idea of how these trends may change in the future.
Be Vigilant About Viable Financing Options
While it takes money to make money, you don't have to use all your own money. A common misconception about real estate investing is that you must be wealthy to start off. This isn't straight fact, however. A majority of people can test the waters of real estate investing without a lot of initial cash in their pocket.
Aside from traditional financing options from banks and institutions, private lending options can be worthy solutions. Hard money lenders are popular, reasonable choices, and they tend to have fewer qualification requirements upfront. However, be sure to strategically choose a hard money lender to find the best possible fit.
Master the Art of Finding Good Deals
There may be hundreds of thousands of available properties for sale on the current market, but the bulk of them will never amount to the final money-making result you desire. Another great tip for new real estate investors is to use good math to estimate profit. Taking risks is part of the process, but you have the ability to analyze properties and use networking sources to find the greatest deal. You can't win every deal, but you can steadily work towards a thriving financial future.